Skip to main content

About your Search

20121121
20121129
STATION
CSPAN 20
CSPAN2 10
CNBC 5
CNNW 4
KQED (PBS) 3
MSNBCW 3
FBC 2
KQEH (PBS) 2
KRCB (PBS) 2
KPIX (CBS) 1
KTVU (FOX) 1
LANGUAGE
English 60
Search Results 0 to 49 of about 60 (some duplicates have been removed)
" and paul krugman, author wrote train to talk about problems facing the u.s. economy for about an hour 45 next on booktv. [applause] >> well, thank thank you very m. thanks to the passionate attitude and technology in shakespeare books for hosting the event this evening. i also am very excited. i think we are all very excited to see probably two people who i would say are unquestionably the most cited economists in the world today. [applause] in addition to being most cited, and as you all know, those are noble laureates, i would have to say from the vantage point of the institute of economic thinking that if i were to nominate two people as being the most courageous economists in the world and the most impactful, the subpoena to find a list. so we're very excited to be part of this conversation. [applause] as you know, each of them has written a book that pertains to our current challenges and circumstance. joe stiglitz spoke, "the price of inequality" and paul krugman's book, "end this depression now!" are part of your goodie bag tonight. therefore on behalf of them i will thank you for
've spent a good deal of your career working on, mr. hall, has been the improvement of the american economy. and tonight i'd like to join a couple of my colleagues on the democratic side to talk about the economy and specifically to talk about jobs and the things that we can do here in the a winning days of this congress -- wanning days of this congress to create some job opportunities. we've got some very heavy lifting here in congress in the next month and a half. everybody wants to talk about the fiscal cliff, some talk about austerity, bomb, others talk about what needs to be done to lift the debt limit. and all of these issues are before us. tax increases are not. but underlying all of that, foundational to all of that, is putting america back to work. getting americans back into their jobs. if we do that we will clearly increase employment and when you increase employment you always increase tax revenue to the federal government, to state governments and local governments. so our principle task as i see it and i think i'm joined by many of my colleagues, both democratic and republican
the difficult time with the economy, the richest of the rich will have to pay a little bit more to solve the idea of the problems of the country. -- to solve the financial problems of this country. >> good afternoon, everyone. as we head into the fiscal cliff negotiations, my advice to the president would be -- seems like our friends on the other side are having difficulty turning off the campaign. we need to sit down and work this matter out. i think we have a clear sense of the year to do something important for the country. we all know that the most critical steps to be taken are to save the entitlements, which are on an unsustainable path to bankruptcy. there's no better time to begin to fix that problem than right now. so i would hope our friends on the other side can kind of turn off the campaign and get into a cooperative mode here to reach a conclusion. which leads me to make a further observation about how unfortunate it is that the majority leader has chosen to create an extraordinary controversy here in the senate right here at a time when we ought to be encouraging maximum bi
, investors in the financial markets and the real economy, you need sustainability and credibility. the problem with the european union for the time being is that decisionmaking is not sustainable. the united states has a common economic area with a common currency. one central bank, one parliament, and one government. the european union has an economic area with one currency, one central bank, and 17 governments in the eurozone. how the fine trust when you have every day after the decision making, another government -- how you can find an investor going to greece, today you invest in euros. tomorrow, the currency of greece, nobody knows. what kind of investment will go to greece. the biggest problem is not to fill the gap in the public coffers of greece. my eyes, it is a credit crunch in some of the countries. i met the chairman of the greek chamber of commerce when i was there and he'd tell me we have about 300 small and middle sized companies. ferry transport is a very important element of the greek economy. in the health-care system, whatever. most of the jobs are created in sm
is to talk about the economy. but i would say something is. romney only emphasized -- very quickly. we cannot run only on an economic message. we have the full conservatives on social issues, on the national security, and on the economy. spent and aspirational. aspirational a mechanism where you are free to go as far as you want to go and to do what you want to do. and you are right about the hispanic community, especially they are very and trunk -- entrepreneurial. guess what. they start liking free government less. >> unfortunately, we're out of time to want to thank you all for coming today. please join me in thanking our panelists for this terrific presentation. [applause] [inaudible conversations] >> tonight in primetime we get a closer look at the presidential election. we have from president obama's former campaign manager and republican strategist steve smith. that's and university of delaware and starts at 8 p.m. eastern. here on c-span2, author mark friedman talks about how more baby boomers are entering into a second careers. he's the author of the big shi shift. that's also at 8 p
different elements of our economy deal with d.h.s. with support of others coming up with what would be best business practices and then if those best business practices were adopted by those within that element of the economy, they would get liability protection, liability immunity. now, some say, wait a second. that leads to a slippery slope that the government will come in and crash in on you. i don't know the perfect answer but i can trying for the lightest regulatory approach we could have. and those worried about the federal government coming in heavy-handed are truly concerned about that, they ought to think about this. if we have a successful cyberattack against a part of our critical infrastructure, my fear is that congress and whoever's present at the time will overreact because the public will require it. wouldn't it be better for us to anticipate it? wouldn't it be better for us to get ahead of the crises and then have a means by which we defend against it? we know we're not ever going to be totally 100% successful. so when it happens to diminish the impact on whatever critical i
going to make the economy worse. they just keep pumping more debt in the the economy. host: you are saying go over the fiscal cliff? caller: yes. it is not even enough in my opinion to balance the budget. it is still about three times the average deficit under bush. let us go back to the clinton tax era. eileen anywhere between republican and libertarian. up -- yes i am not. i lean anywhere between republican and a libertarian. host: what do you make of republicans up on capitol hill -- to sort of a back off the tax pledge that he took when he ran for senate, saying he would not raise taxes. caller: if we are going to raise taxes my important thing is raising them on everybody. because if they try to strike a compromise where only the rich get taxed, then it gets more progressive. it is not a point to help the budget. we are right to raise taxes, raise them all the way down to where clinton had them. host: senators lindsey gramm represented peter king, talking publicly abandoning the pledge of democrats will talk seriously about entitlement reforms. rest in peace, grover norquis
to it happening. there's also a consensus right and left it would be bad for the economy. so i think that when we are just looking at the tax component, there are certain things that we kev knitly -- definitely need to do. patching the a.m.t. for the first year is big. if we don't get a deal on the rest of the tax cuts until early 2013, i don't think that would be the worst thing for the economy. i do believe that it is kind of a little more of a slope. i do think that there is -- i think that the worst part of the fiscal cliff are going to be avoided, and beyond that i think that both sides if they don't come together then we have a lot more revenue, and then we could do something like tax reform on top of that higher revenue, which would still bring in some revenue, yet at the same time satisfy a lot of republican demands for possibly lower rates. again, we can cross that bridge when we get to it. right now i think we won't -- if there is going to be a deal in this lame duck session, we are not going to know until the very end. host: thank you, gentlemen. appreciate your helping us out with thi
trying to ruin the holidays and the economy for everybody? >> first up this evening tonight fed chairman ben bernanke gave a warning fix the fiscal cliff or we are headed for a severe recession, so far, no concrete proposals and i have to ask again, are we headed for a stalemate or can we find an economy saving common ground. let's talk. we have abigail disney. we'll have a sudden fiscal cliff? >> i worry about the damage that mighting done in fixing it. you don't think the tax increases that could come at the end of the year and the spending cuts of less 100 build, you don't think those would in deuce a severe recession and everybody on wastreet? >> they are not that big of rate increases so far. welcome to the show and what would you do about it? >> they are proposing letting the bush tax cuts stand for everyone because the top 2%. if you raise them and closing the interest loop hole, fixing the estate tax you come out to $100 trillion in savings. >> serious question, you have a famous name and we welcome you onto the program. do you record that as rich? >> what i regard is irrelevant
, we had huge surpluses because of the strong economy over the 1990's and deficit-reduction plans put in place over the 1990's. the government had the choice to spend that on programs, or returned it to tax payers, and the bush administration decided to return the money to taxpayers. over the following year's tax rates were lower. it was renewed in 2010 in a tax deal between president obama and congressional republicans at a time when the economy was weak and the feeling was they could not take an increase in taxes. host: what was the desired effect and did it happen? he called the desired effect was to give people more of their income back, and that happened, as wealthy people got more income back, more moderate income earners got some back. one of the questions is how it effects economic growth, and it is an unresolved area of economic research. did it did help the economy -- did it help the economy? it is hard to say. we had a good economy in the 2000's before the crisis. now we have a huge crisis. on balance, it probably did not help that much. host: can you calculate if jobs were
swath of the economy, i can't stress how important this trend might be. hey, let's take the rails. >> all aboard! >> they've been horrendous in large part because of decline in coal shipments to our power plants which are nat gas. china is building hundreds of coal burning plants. when electricity is used, you'll see stocks like csx and norfolk southern start to bottom. you know what? i think they bottom now. just how powerful is china? consider this. last week we had a truce between the israelis and gazans. it took people by surprise. how can it stay high given the sudden ephemeral peace? oil didn't fall. that's because of rapacious chinese demand. there's europe. deal talks were in the air friday. that means a day when the industrials that had so much riding on return to growth in europe could blossom. they were some of the best actors out there. good news for europe, still good news for the international u.s. banks. they went up, too. jp morgan, goldman sachs. retail. we got terrific news on friday. initial returns from the black thursday which used to be black friday, tremendo
. energy is the lifeblood of a thriving economy and society. our future in energy provides the opportunity to significantly assist us in exiting our economic difficulties with jobs and new opportunities in abundance. we need reliable, affordable, and environmentally responsible in terms of supply. i say it is an important day because i believe we find ourselves at a unique point in history at the confluence of urgency and opportunity to them that we should make no mistake about it. -- and opportunity. we should make no mistake about it. if you examine the national intelligence council's global trends 2025 report, you'll find the word "energy" is one of the most repeated factors driving global security over the next 10 to 15 years. this means that achieving well conceived long term objectives depends on visionary action. the defining feature is about being pro-active. not reactive. this demands a sense of urgency and collegiality among the global community them back for the u.s., the united states, it is another critical challenge for our leadership responsibilities the world over. the prop
and certainly the largest threat to the u.s. economy. >> meredith whitney was talking back in 2010 about a then- looming financial crisis involving state and local governments across the country. it was a debt crisis which some people believe could derail the recovery and require another big bailout package that no one in washington wants to talk about. >> the day of reckoning has arrived. that's it. and it's gonna arrive everywhere. time may vary a little bit depending upon which state you're in, but it's coming. [ticking] >> welcome to 60 minutes on cnbc. i'm steve kroft. in this edition, we look at three stories linked by the financial collapse of 2008. first, we examine a scam that's cost thousands of americans their homes. then we look into wall street's shadow market of credit default swaps. finally, a report on the perilous state of state finances. we begin with the foreclosure crisis. in the aftermath of the great recession, the huge number of foreclosed properties was a significant factor in weighing down the economy. many were stuck on the market for an unexpected reason: the banks co
that are behind these numbers are relate primarily to the economy and as we all know the economy is still sluggish but there is improvement. >> aaa estimates that 40% of travelers left the day before thanksgiving and 36% returning today and 25% tomorrow. it could be a long journey home. this is what it looked like on the 405 on los angeles on the big get away day with traffic backed up for miles. and on thanksgiving morning as drivers headed out on i-10 east in beamont, texas. a husband and wife were killed and 100 injured and the trail of wreckage stretched for two miles. forecasters say more fog and snow in parts of the midwest and northeast could make it trougher getti tougher getting home after a long holiday weekend. >> reporter: again, as this afternoon goes on, we're going to see the traffic build on this road. about a 10% drop, alex, than they spent last year. >> michelle franzen there. here's a big question. will the weather cooperate for travelers out there? here with the travel forecast to answer that for us is dylan. >> most areas will cooperate. you're just dealing with the traffic as
that would avoid that potentially devastating fiscal cliff that is looming over the u.s. economy right now. the president is meeting with small business owners at the white house today. he had a series of meetings with different business leaders over the last week. despite the warnings that the talks are stalling on capitol hill stuart varney joins me now, host of "varney & company" on fox business network. >> good morning, martha. bill:. martha: what are you hearing how this is going? >> it is impasse basically. the republicans said yesterday they accommodated the democrats they will agree to get more money from wealthy people from higher taxes but mitch mcconnell, senate republican leader, he says there has been no similar compromise from the democrats or the president. he says they are still holding out for higher tax rates on the rich and he says the radical left is prescenting the democrats and president and agreeing to serious reform from medicare. martha, i have to tell you. i got new numbers from medicare, from trustees, actually. medicare has to pay out in the future $42 trillion.
back on its feet, it involves finding a way to help greece's economy actually return to growth. while some of the terms of the deals were a little more favorable than many had feared, at the end of the day, you have to find a way to help these economies grow. that probably means pausing some of that austerity. >> susie: you talk about it being a favorable deal, and you picture that other troubled companies in europe are saying, i want a deal just like greece got. what does that mean for the european economic recovery? >> i think it certainly complicates things a little bit. there is clearly an issue of moral hazard. many other countries may look to the deal that greece got and say, hey, maybe i can get a similar-type deal. in the end, when we think about what is plaguing personal europe, a lot of it has to do with austerity which has been forced on the economies, which are really, really depressed, and pushes them deeper into the hole. part of what needs to be done moving forward is pausing some of that austerity. you can't go to a country in a very bad recession, and tell them to inc
to raise taxes on small businesses because it would damage the economy. now he thinks this economy is stronger than it was two years ago and we are in better shape to take the economic hit. it is an interesting question. if you go over the tax cliff and taxes are raised dramatically, the house would have our past -- will already have passed. on the sequester, i thought if republicans won the house and senate of the president say, since it -- sequestration would not happen. it denied give up any of the savings from the sequestered . but did so by impacted the pentagon less heavily than the sequestered it. but divided government, i think you get the question. president said he does not want to change the money for the pentagon. mitch mcconnell said we are not raising taxes to ransom the pentagon budget cuts. a lot of focus has been on the pentagon but these are more concerned about the $50 billion in domestic discretionary spending restraint every year. you did to the republican study committee. the announced all a thing worse than sequestration would not be having savings. this stam
comprehensive immigration reform. he sees it as a key part to stabilizing the economy, investing in the middle class, not having a subclass of 11 million people that hurt economic revitalization. for him i think it is a piece of the middle class agenda. >> are the other unions working with senator schuman who say they are starting to work on a piece of legislation? >> the majority leader and center schumer. we have some issues with this idea, but we applaud his enthusiasm. we are trying to get him on the steps of key elements that are important to us. >> where do you disagree? >> i think he thinks a national id card is required. we do nothing that needs to be part of the solution to fixing the broken immigration system. >> washington journal continues. host:jim martin n. he will be talking about the future of health care, especially the elements of the affordable care act that are put to place. guest: glad to be here. host: what does it mean in general for older americans now that the election is over? guest: i think things like obamacare, the affordable care act, seniors were opposed to it b
, and they're not interested in raising taxes, they think it is a bad idea for the economy. the only way to have a stimulus to the private sector is to leave more money in the private sector. the other thing that folks in kentucky don't understand is that why is it a fiscal cliff to cut spending? most people in our state think we're spending too much money up here and we should cut spending. in fact, the majority of congress voted for this sequester. why was it a good idea a year ago and now it is not a good idea. >> on spending and spending cuts, you may have something in common with the president, which i want to get to. you mentioned the people in your great state of kentucky and, look, we know and we're all hoping they're out and about shopping, it is holiday season, and in terms of the timing with this -- with this deal, you know, hopefully getting done before january 1, a lot of people want to avoid the tax increase that will automatically happen as people are paying those holiday bills, right? >> here's my question. if it is bad to raise taxes on everyone, why is it good to raise
.7%, the highest since july, 2007 and 60.8% in october, 2011. what does it mean for our economy? guest: sometimes there is a direct correlation between what we see in terms of how consumers feel about the economy and what they are willing to spend in terms of the holidays and in general. what we are seeing now especially when you look at the university of michigan reported that the optimism about progress in the job market is offsetting a lot of concern about the fiscal cliff and the possibility of tax increases and cuts to government spending. host: when you look at consumer confidence and sentiment, what factors are in play? guest: a lot of times it has to do with how they feel about their own personal fan -- finances and how they feel about the job market and the prospects of finding employment or losing employment. there is a lot of concern still about the high unemployment levels but the idea that the housing market is improving and the idea that there are a lot more employers that are willing to slowly higher at this point seems to be reassuring consumers that there is some hope for the eco
cartwright. much larger housing it. one-way ticket about this is that the great growing economy in china per capita carbon emissions levels go up about 100% if they stop at the level of wealthy but hybrid -- out by less than 30%. that's a huge difference. whether or not you live in global warming are worried about the price of gas at the pump, we have a lot to gain by china in the building of rather than a. i think the most important thing for america to do in order to encourage a to have it is to get it some urban policies interpret that means stopping our cities as if they are the ugly stepchildren of america and recognize them for the economic heart line, apart a chance -- the heartland for this country. the american dream can only mean a homeowner in the suburb every means rethinking policies that pay for highways with general tax revenues, driving people to drive longer distances, above all honor city schools which are such critical ingredient for urban success in such a critical problem which despite enormous hard work by people language, mayor menino, like the city council, are so far
this difficult time we have had with the economy. the richest of the rich will have to pay a little bit more to solve the financial problems we have in this country. [inaudible] >> right after the senate majority leader harry reid spoke, republican leaders held their own briefing and ways to find a deal and criticized leader reid's plan. this is 15 minutes. >> good afternoon, everyone. as we head into the fiscal cliff negotiations, my advice to the president would be -- seems like our friends on the other side are having difficulty turning off the campaign. we need to sit down and work this matter out. i think we have a clear sense and opportunity here at the end of the year to do something important for the country. we all know that the most critical steps to be taken are to save the entitlements, which are on an unsustainable path to bankruptcy. there's no better time to begin to fix that problem than right now. so i would hope our friends on the other side can kind of turn off the campaign and get into a cooperative mode here to reach a conclusion. which leads me to make a further observa
and that's when the shooting incident happened. it is a critical geographical i economy here. people thought after the truce it would be safe enough to go to the fence. today proved otherwise. >> stay safe, buddy, appreciate that. next week lawmakers return home from the thanksgiving holidays to resume working on a deal to avoid the so-called fiscal cliff. despite optimism from both sides, they remain far apart on what to do about revenues with the white house saying the bush era tax rates should expire and republicans insisting any new revenues come from closing loopholes in the tax code. kristen welker joining us from the white house. he said the talks said to be stalled. what is the white house saying? >> reporter: they certainly know this is going to be a tough slog. certainly you had this sort of sense of bipartisanship after the leaders came to the white house. it seems as though that has gone awe with democrats digging in their heels on the issue of entit entitle. s and republicans on taxes. congress talking about some types of compromises, one that would include rolling back
think there's a very serious damage done to the economy and to the world economy and the approaches bush took running up to this and that obama is put on steroids. this is in the middle of many problems to continue to not be ended. and the was a very big problem. to be much more serious about spending and it was in that way before. >> how do you fix? >> the house republicans already passed the budget that would work and pass the extension of the tax cuts they would work and you go in and have these conversations in front of the american people without about how romney is mean to dogs and causes cancer and actually talking about issues. and i think that is a debate that we need to have. we haven't had it, certainly didn't have it in this last election and we can have it now. it's very helpful. i think at the end of the day we will make the right decision partially because the democrats are terrified of the damage that obama has to drive them over and they wouldn't actually do that as obama threatened to throw us off a cliff year ago in august and didn't. >> we weren't going to get the neg
globally, but here in the united states we're getting answers from the national economy of society and nasa, the guys who put the man on the moon, that's where we're getting our information and where we're getting our policy guidance and the solutions to move forward. let's discuss it, the united states, if we have a carbon tax in the united states of some sort, we tax emissions so we have fewer emissions and you think that makes a really, rail big difference to the temperature of the planet? >> a huge difference because we've got to go after the industrial carbon pollution that's warming the planet and paying a heavy price. this pushed the price tag on the problem and we know where the pollution is, let's go get it. >> one last question, i'm sure you're familiar with the study by the britain's meteorologist office. no increase in the global temperature in a 16 year period. i think it was from mid 1990's until 2010, 2011. and that's what the british office said flat-out. what do you make of that? >> well, with great respect, i'm not familiar with the report. what i can say is here in this c
in the economy. republicans couldn't agree more about that, which is why the proposal the president spoke forward to solve the cliff raises taxes on how must a million small businesses who employ 25% of the workforce. ernst & young has been a study that if the president's proposal went into effect to raise taxes on small businesses that they are, they will cost us us over 700,000 jobs, reduced take-home pay by 2% and reduce economic growth by 1.3%. so you've got a lot of analysis out there, lots of economy seem that the president is reposting to do would hurt jobs and the economy, which is again ironic in that the presidentonly solution right now to solve our fiscal cliff issue is to raise taxes. in 2010 we had the same debate. the president said he shouldn't raise taxes in the middle of a weak economy. at that time, economic growth was 2.4%. this year, 2012, the same number is 1.8%. the economy is slower and weaker than it was in 2010 when the president says you shouldn't raise taxes in the middle of a weak economy. we believe the president has got me. it can't be on the people who create jobs i
for the workplace. we are not going to be the world's most innovative economy. second, in some ways, more surprising for me, it was brought to us by the former chief of secretary of the army, who talked about the problems in our education system and the relationship to the armed forces. the inability of some 70% of americans actually qualified for service in the armed forces ought to be a red flag for anyone. now, yes, there are other reasons for that. incarceration, obesity, but a fair amount of it is that the people can't pass the basic skills test to get into the military. so just imagine a country -- a developed country, a powerful country in the world. and we can't get the basic tasks. analyzing data secretary of state is realizing how few people how -- how they learn foreign languages, the fact that we don't have people who are prepared to go into the intelligence agency and we are lobbying ourselves appellate in literally the national security infrastructure of the country. so most importantly, it is a tragedy that people will not be prepared for a good job and will therefore have nowhere els
. there is no reason for any of that. >> on the other hand, there is a big boost to the economy because of black friday. >> there you go. >> except for the stuff that was -- >> stephanie: although the black president will get no credit. [ ♪ circus ♪ ] >> see what you did there. >> stephanie: you know how one holiday is over and the next one -- julie in seattle reminds us, war on christmas season is officially open. it is fox news warren christmas season. >> they're losing their [ bleep ] the whole benghazi thing isn't working out for them. >> the susan rice thing is petering out. >> stephanie: yes. oh dear. steph, deck the halls with simmering resentment and bitterness over the imaginary days gone by when everyone was white christian and happy happy, happy until the christmas lights came down. friday morning, fox on on some idiot story about the nativity scene. we have a guest to quote. [ ♪ "jeopardy" theme ♪ ] who said it is christmas all over again. the grinch is trying to steal our holiday. it has been so b
president obama's deep cuts will have a deep effect to our economy. he used the word dwast stating. snowing this how could anyone support depleting another $1.8 billion from an already stretched budget? president obama's climate chief defended the green fleet by arguing even a dollar rise in gasoline prices would cost d.o.d. $30 billion. believe my good friend, the senator from colorado said essentially the same thing. i agree with that. if every $1 rise in gas prices cost $30 million, a $27 increase would add up to about $660 million so that argument falls completely flat in realizing the economic angle is a political hoozer the obama administration has tried to say it's about national security in getting off of foreign oil. that's where i want to get. i spent several years as chairman of the environment and public works committee and several years as the ranking member. all during that time people keep saying the one thing we all agree on is we need to be off of foreign oil. we need not to be dependent upon the middle east. and yet right now we know and no one is going to refute this fact
cole. >> you're not going to grow the economy if you raise tax rates on the top two rates. it'll hurt small businesses, it'll hurt our economy, it's why it's not the right approach. we're willing to put revenue on the table as long as we're not raising rates. >> brown: despite the president's talk of changing minds, "politico's" manu raju says that privately, house republicans think they can win this fight. >> right now the republican leadership feels pretty confident that they have most of their folks in line. they all generally support keeping tax rates low for virtually for every single income group. they do not want to see incomes increase for that top tax bracket. >> brown: meanwhile, on the senate floor, minority leader mitch mcconnell criticized democrats for putting social security off limits in any deficit deal. >> as for social security, the only thing we hear from why in the world wouldn't they want to talk about the fact that this vital program started spending out more than it took in 2010, for the first time in nearly 30 years and that its trustees now estimate that it w
smart and this business has become a terrific secular growth story. and the underlying economy ain't doing so hot. this new trimble is all about helping customers become more productive and more efficient, antidote for this low growth economic environment. it uses proprietary technology, collect data from other measurement technologies and it processes that data that's designed to tell the customers what's needed to improve efficiency of workers out in the field. especially at construction sites and new infrastructure builds. those software builds can cut fuel costs or improve customers service or safety standards. it all comes down to helping other companies to find new ways to squeeze more money out businesses. that's the kind of pitch that never goes out of style. certainly not one that the old trimble could have offered. it's a joint venture with cat pilller where their technology will be sold to cat dealerships for everything to machine control technologies. this gives the company a tremendous outsource international sales force. it looks like it's become the real deal. compan
. caller: i have an idea for straightening out things are going on with the economy and some -- everything else. we have to separate our federal employees -- state, federal, and local -- and our health care workers from the private sector. if we do this, we can concentrate on mortgages for 6% interest for all the federal and -- and some health care workers. in 30 years we would have $24 trillion. 45 million, 54 trillion -- host: where are you getting the numbers from? caller: because, if we take the war that we have now, $104 billion, and we put it into mortgages at 6% interest rate they would come out to 70 -- $17,000 a year. 20 million employees. which means they would be self sufficient for the rest of their lives, which means you would have 166,000 per employee in interest that would cover the employee you got this -- that is working, the employee does is retired, and his benefits. which would cut down the deficit, cut down just about everything you could think of perry taxes in half, property taxes would be cut. you would have a whole new system. guest: there are certainly a whole ran
." >> a new holiday spending bonanza. americans are feeling more confident about our economy. will lead to the great of growth, and what could set us back? >> also, an arrest in a string of murders in new york city connected to one gunman. what we are learning about the man that police in new york city say was poised to strike again. and a large bird crashes through the cockpit plane of this airport. details of the scare in the air for the pilot and passengers. it's all "happening now." >> but first, the cease-fire truce may be fragile, but it appeals to be holding. i am heather childers in for jenna lee. >> and i am rick scott in for jon scott. with egypt's president mohammed morsi, it is a big test for the new leader. steve harrigan is live in cairo. some are saying that mohammed morsi is the real winner here. you have all sides facing the same person. americans giving him high marks for his mediation, even some israeli officials praising the president. as far as the mediation goes, there were some concerns about which direction he would say, a long-term member of the muslim brotherho
about the economy. >> when does this end? >> we have a plan. we are working on it. >> is getting worse. >> the people on top chose to look away. >> if the transactions are so useful, how come they brought down the financial system? >> my parents fight about money. >> i told my wife, this is not america. it is full of wonderful people. we will see if they can help us. >> it is tough on us. >> i will ask personal questions. do you smoke? curse? >> it is a question that has to be answered. >> you are very friendly. >> what is wrong with you? >> i do get it. >> you are simpletons. >> i ask you a simple question. >> did you think you would get away with that? >> that is an excellent question. >> you are you? >> how many times have you been indicted? >> do you have any friends? >> you have got it wrong. >> how does that make sense? >> what do you think is going on here. >> i am gay and jewish. >> what kind of republican are you? >> afghanistan. >> health care bill. >> the unemployment problem. >> we have got a lot more work to do. >> why is it taking so long? >> when we flew over this, i sai
to our gross domestic product. money we would have had added to the economy of this country but for our failure to educate these kids. so now where we are is we're in a place where we're playing catch-up with countries that used to crave to be like us. it's so bad now that while our university systems are still where they should be in terms of reputation and attainment, no one really from other countries wants to send their kids over here to go to our k-12 schools. they do that there, and then they say, okay, we'll try to send them to some ivy league school or some good college in the states. and we're at the point now where we need to seriously look at what is it going to take to change that dynamic. well, you know, in recent days we've heard about the teachers' strike, and i think that the big challenge we have is we put ourselves in these partisan boxes, and we force people when we talk about education to take sides. and you know the side that's never adequately represented in these discussions? these kids. so i just posted on my blog, i said, okay, how will a teacher strike in chica
the economy. now why doesn't our president have better clout bigger clout. i'm going to use my clout to take us to peace. >> well, if it were that easy, i would have done that by now. >> stephanie: he just reminded me of one of the bush quirks we hated so much is that when he would say a word, he would say another word and then use the same word. in other words -- >> i got the capital. political capital. that's different than what you just said. >> it is a new word i learned. >> capital. political capital. >> stephanie: carol in pennsylvania hi, welcome. >> caller: thank you. i want to wish you all happy holiday. you deserve it. >> stephanie: thank you. >> caller: i want to thank you your staff you're all marvelous. i can't say enough about you. and for reality sprinkles with some comedy, lots of comedy and great thoughts. >> stephanie: thank you. happy thanksgiving to you and yours. >> thank you. >> stephanie: by the way would you like a sad story about my sad little life because having thanksgiving to you a
? > > you know, it is all about the economy at this point. if we can continue, especially in the housing market, if we can continue seeing, not a booming housing market, but the upswing that we saw toward the last quarter of the year, then i think that is going to be the lead of the market. i don't think people think, or traders on the floor think that we are going to see a big 15, 20% move in the s&p upward this year. but i think what is going to be the mantra, the theme of these guys, is we are going to see a grind, maybe an 8-10% appreciation throughout the year. keep this in mind: 1600 is not that far away, and that is a number a lot of guys are looking at. > > what about money managers? aren't there certain stocks that they must own by the end of the year? > > there are, and those are stocks like the apples of the world. if money managers weren't into apple, they've got to get into that, and in some of the other s&p stocks and in some of the dow stocks. so you may see money changing hands, people taking profits out of apple, and these money managers having to get in, and the like. >
. the president promised transparency. the republicans promised certain wisdom when it comes to the economy. unfortunately, and it has not just been this term or last term. this has been going on for a number of years which i think speaks to why we need term limits. host: a few more of the poll results from gallup and "usa today." the dark blue is from 2008, the light blue is from 2012. bring troops home from afghanistan. improve conditions for minorities and the poor. improved education. keep the u.s. safe from terrorism. the quality of the environment. reduce unemployment dropped from 67% to 56%. improve the health care system dropped from 64% to 55%. to go over to the budget, substantially reduce the budget deficit. 42% thought the obama administration would be able to do that in 2008. avoid raising taxes. control illegal immigration. heal political divisions in this country. 54% thought so in 2008. bob in north carolina on are democrats' line. you are up next. caller: i just think it is going to be better coming up this next time because i believe obama it did need a second chance. i vo
hostage, but the economy as well. production can't continue as long as this uncertainty. >> alisyn: jonathan, they don't think that they are he' holding the american people hostage, they think they're standing on principle so when both sides think they are he' standing on principle, how are they ever going to meet in the middle by december 31st? >> well, and the president's standing on principle and standing on the wrong principle. he's standing on the principle that the rich have to pay for entitlement state. obama believes that the rich have to pay for his entitlement spending, the result of course is more redistribution, less wealth. less production and who will he blame when the time comes if the economy is weak? he'll blame the rich of course. yes, people are standing on principles and i think they are he' standing on the wrong principles, that's government spending and control creates wealth. we know it doesn't, but yet, that seems to be the direction at least many on the left want to bring us down. >> alisyn: let's say the worst happens and let's say that the fiscal cliff, w
building the economy again. -- no matter what the grover norquist or lindsey graham or any of them say, every republican in the house should vote to raise taxes on the rich. the average republican is not making $250,000 a year. they're just saying they should not raise taxes because they are republicans. host: are you a republican? caller: i am, but i voted for obama. host: what would it take for you to vote for republican? in terms of the fiscal cliff, sequestration, big budget cuts, what do you want to see them do? caller: if the republicans could find a candidate that would do what ronald reagan dipped, they would gladly get my vote back. as long as they have people like john mccain, sarah palin, and mitt romney, they are just playing. host: here's a story in the new --k times . david is up next, new york, good morning. caller: good morning. how are ya? i'm a republican and i don't believe that the 1% or a portion of the country should be taxed. it can be mathematically proven. a president handed in m speech to be scored. he never came up with a plan how this money would be redistr
for the overall economy, but the impact on women and children and some of our most vulnerable would be devastating, and that's why your particular focus today in special order is so important. the united states currently ranks about 50th in the world in infant mortality. and morocco, 1.8 infants under one year of age, they die for every 1,000 live births each year. in japan the number is 2.2. in the united states, to our shame, the number is six. from new zealand to all other advanced countries around the world, they do much better than the united states in this most fundamental measure of health and well-being. and the people who are most affected by this failure are not those who have been irresponsible, they are not slackers, they are not lazy, they are babies. they are babies. mostly babies who have been born into poverty. this is a metric that we should feel morally bound to improve by leaps and bounds. but instead we are about to make it worse for these babies. if we don't act, and if we don't act swiftly to prevent sequestration. if this congress does not act to prevent this country from pl
and others, are they getting the kind of training they need in this economy? >> i think it's available. i think we can do better with it. there are some facts like completion rates for gi bill education are not as high as they ought to be. i think we can structure some of those programs a little better so individuals who start school have the kind of support mechanisms to be built to finish either an associate's degree or bachelor's degree, if that is their goal. but we can do better at that. there are well-intentioned programs that are not quite as efficient or effective at this point. >> the wharton school of business and the university of iowa, the university of iowa offers in-state tuition to returning veterans. i ask the president what's the impact on the campus? he said beyond my ability to describe. i could have used that kind of mentoring and leadership at one. -- one point as a graduate of iowa. when these young and women come back and enter an academic or training program of some kind, we need this. >> i cannot agree more. city college of new york, mike alma mater, we had a spec
anything. lou: he did gain control of let's sixth of the economy with the obamacare committed to? i mean, he did pass some subset of regulation of our financial industry in this country. you're not exactly easing concerns, hearts are worried about what the republicans are going to be able to do. by the way, i want to make it very clear. a person who supports entirely the idea of low taxes and maintaining that posture and certainly doing so energetically if there is no quid pro quo, significant order in spending. but what in the world by these folks to do on capitol hill? >> here is my argument. the first thing the republicans need to do is insist that the negotiations be in front of c-span so that the american people can see what obama is and is not doing. until that happens, obama can keep misrepresenting what is going on. second, they need to say %-to be on line for seven daysds said that the american people can read it. we have those two things, the chances of being completely jammed is a greatly reduced, not down to zero, but let's get c-span cameras there. lou: i think your conditio
for washington. >> top priority for us is to advance policies that will get the u.s. economy growing again. >> the country has to have a higher rate of growth. that begins with addressing the fiscal cliff issue. >> so, bipartisan bottom line, right? not quite. you see those business leaders have a vested interest in which spending should be cut and which loopholes closed. and let's just say what's old is new again. alison kosik is at the new york stock exchange with a closer look. put this in language we can understand as people who are not ceos. >> many of these high-level ceos, carol, are part of this movement, this campaign to fix the debt we've been hearing so much about. this includes some of the biggest heads of business that are out there. and some have been more outspoken than others when it comes to what needs to get done to get a handle on the deficit. it also has a lot of people saying wait a minute. some of these decisions could really impact -- and not a good way -- have a huge impact on the poor and elderly. for ceo lloyd blankfein, he did an interview over the weekend with c
our economy. also this afternoon, senior staff, including jack lou, valerie jarrett, secretary geithner will meet with leaders of fix the debt, including maya mcginnis anders kin bowles. tomorrow he will have an event with middle class americans again to talk about and highlight the importance of extending tax cuts to the middle class, to 98% of american taxpayers and 97% of small businesses. this is vital, it is something that everyone in washington agrees must be done. and it is something that the house of representatives could do today. or tomorrow. if they so chose. because the senate has already passed a bill that extends those tax cuts, if the house were to pass them, the president would sign it right away and that would create certainty for 98% of american taxpayers, middle class families around the country, 97% of america's small businesses, and would go a long way, or significant way toward dealing with the so-called fiscal cliff. also tomorrow, the president has another meeting with business leaders following the one he had prior to the thanksgiving holiday. so -- fri
.s. economy back into a recession. both congress and the white house are trying to make a deficit reduction deal to avoid the financial chaos. and president obama's reverting to some campaign mode right now to try to make sure things are done his way. our white house correspondent dan lothian is joining us now with new information. what are you learning, dan? >> reporter: well, wolf, while senior members of the administration including secretary geithner, chief of staff jack lou also top advisor meeting with -- the president himself trying to sell his vision to the public, but some say it's not a winning strategy. it doesn't take a gps to find the way to the fiscal cliff. much more difficult, finding the off ramp. at the president's first meeting with congressional leaders more than a week ago, there was a sense of optimism. >> my hope is is that this is going to be the beginning of a fruitful process. >> reporter: there was a follow-up phone call with house speaker john boehner, but a much different approach this week. the president's calendar is packed with sales pitches to the public, wh
Search Results 0 to 49 of about 60 (some duplicates have been removed)